Cost of Living Comparison Between Egilsstadir and Akureyri Cost of Living Comparison Between Egilsstadir and Akureyri

🙂 Solo nomad: Egilsstadir is 49% cheaper than Akureyri without rent, and 79.2% cheaper with rent.

🙂 Family of 3: Egilsstadir is 40.4% cheaper than Akureyri without rent, and 70.8% cheaper with rent.

Meal at Budget Restaurant

$23.74 ISK 2,990

Three-Course Dinner for Two, Mid-Range

$131 ISK 16.5K

Fast Food Meal (McDonalds, etc)

$22.36 ISK 2,816

Cappuccino

$4.82 ISK 607

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.44 ISK 434

Water (0.33 liter bottle)

$3.05 ISK 385

Local Beer (0.5 liter draught)

$11.05 ISK 1,391

Imported Beer (0.33 liter bottle)

$9.27 ISK 1,168

Milk (1 liter)

$1.65 ISK 208

$2.73 ISK 344

-39.56%

White Bread (500g)

$2.80 ISK 353

$2.23 ISK 281

25.56%

Rice (white) (1kg)

$2.33 ISK 294

$3.06 ISK 386

-23.86%

Eggs

$5.66 ISK 713

$8.24 ISK 1,038

-31.31%

Local Cheese (1kg)

$21.10 ISK 2,658

Chicken Fillets (1kg)

$31.18 ISK 3,927

$24.39 ISK 3,072

27.84%

Beef Round Steak (1kg)

$42.44 ISK 5,346

Apples (1kg)

$2.68 ISK 337

Banana (1kg)

$2.38 ISK 300

Oranges (1kg)

$2.45 ISK 309

Tomato (1kg)

$3.77 ISK 475

Potato (1kg)

$4.27 ISK 538

Onion (1kg)

$2.04 ISK 257

Lettuce (1 head)

$2.12 ISK 267

Water (1.5 liter bottle)

$2.19 ISK 276

Cigarettes 20 Pack (Marlboro, Camel)

$13.34 ISK 1,680

Wine (Bottle)

$21.17 ISK 2,666

Local Beer (0.5 liter bottle)

$3.75 ISK 472

Imported Beer (0.33 liter bottle)

$3.41 ISK 429

Gasoline (1 liter)

$2.64 ISK 332

$2.45 ISK 309

7.76%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$39.6K ISK 5.0M

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$63.2K ISK 8.0M

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$120 ISK 15.1K

SIM Card Monthly Plan (Calls and 10GB+ Data)

$25.23 ISK 3,178

Internet (50+ Mbps, Unlimited Data)

$162 ISK 20.3K

Gym Membership (Monthly)

$82.8 ISK 10.4K

Cinema Ticket

$15.34 ISK 1,932

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$355 ISK 44.7K

Jeans (Levis 501 Or Similar)

$81.7 ISK 10.3K

Sport Shoes (Adidas, Nike)

$122 ISK 15.4K

1-bedroom Apartment, City Center (Monthly)

$1,740 ISK 219.1K

1-bedroom Apartment, Outside City Center (Monthly)

$1,753 ISK 220.8K

3-bedroom Apartment, Outside City Center (Monthly)

$2,121 ISK 267.1K

Buy Apartment in City Center (m2)

$6,473 ISK 815.3K

Buy Apartment Outside City Center (m2)

$6,305 ISK 794.3K

20-Year Fixed Mortgage Interest Rate (Annual %)

9.4

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Egilsstadir: January 13, 2026

Last update for Akureyri: January 12, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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